ICA Advanced Certificate in Practical Customer Due Diligence (CDD)

It has never been more important to have robust controls and procedures in place to Know Your Customer (KYC). Adequate due diligence on new and existing customers is a key part of these controls. Without this due diligence, your firm can become subject to reputational, operational, legal and financial risks.

The ICA Advanced Certificate in Practical Customer Due Diligence has been designed for KYC Analysts and professionals who manage risk in the Customer Due Diligence (CDD) process. The only professional qualification in practical CDD, this course will help you make sound judgements and pinpoint areas of potential risk.

Get inside a practical CDD workshop to see what it's really like below:

  What will you learn?

• Identification and Verification
• Understanding the Customer
• Establishing the nature of the relationship
• Unravelling ownership structure/beneficial ownership
• Who controls the customer?
• Screening the customer/related parties
• Money laundering risk factors and risk ratings
• Enhanced Due Diligence (EDD)
• Client classifications
• CDD profiles and document management

How and where can you study?

This six month course is being offered in London, Jersey, Guernsey and the Isle of Man in the following format:

• Pre-reading/exercises/tasks to be completed in advance of workshops, delivered via the ICT learning platform
• Two compulsory workshops covering key areas and embedding them through discussions and practical exercises (workshops are compulsory as part of the exam is based on the case study used in the workshops)
• Innovative workshop exercises that use mock CDD documents, genuinely reflecting the practical issues encountered in the CDD environment
• One examination in 2 parts: 1 hour multiple choice and 2 hours open book

Due to the practical nature of the course and the way that it is assessed, attendance at workshops is mandatory.

What does it cost?

In order to study any ICA qualification you need to be a member of the ICA, joining their international professional community of thousands of like-minded individuals.  The fee for ICA Affiliate Membership is £97 payable to ICA* and includes your assessment and access to invaluable knowledge resources that will help with your course as well as many other member benefits and services (view the list of membership services and benefits that you’ll receive here).

The course fee is £1675** (+ VAT or local taxes if applicable) payable to ICT. Students from certain low GDP countries receive a 15% discount on this fee. View list of applicable countries here. 

*unless you are a member of the ICA already.

** this price may differ in countries where the course is priced in local currency.